Funding you earn now, next payment 07:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.06 per $10,000 · paid last 24h −0.195%
Price spread now: Nado against Kraken Futures+0.027%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Nado is 0.027% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 44 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SKHYUSD | 186.67 | −0.0139 | get 0.0017% / 1h | 24m 01s | $48K | $20K | 20x |
| Short | Nado SKHY-PERP | 186.72 | −0.0188 | pay 0.0024% / 1h | 24m 01s | $33K | $28K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.32
- Price spread: +0.027% → 0.000%
- $2.72
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$24.6
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Nado: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Nado no order-book sample | — | — | — | — | — |
Kraken Futures and Nado: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SKHY on 31 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.1300% | 8h | 187.01 | +0.180% | $25.1M | $31.7M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0762% | 4h | 186.50 | −0.095% | $562K | $290K | 10x | as long as short |
| Nado SKHY-PERPshort | −0.0188% | 1h | 186.72 | +0.027% | $33K | $28K | 10x | |
| tradeXYZ xyz:SKHY | −0.0179% | 1h | 186.82 | +0.078% | $158.7M | $74.7M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0178% | 1h | 186.82 | +0.078% | $49K | $343K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0168% | 1h | 186.70 | +0.014% | $197K | $275K | 20x | as long as short |
| Polymarket Perps SKHY-USD | −0.0165% | 1h | 186.60 | −0.040% | $180K | $487K | 10x | as long as short |
| Kraken Futures PF_SKHYUSDlong | −0.0139% | 1h | 186.67 | long leg | $48K | $20K | 20x | |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 187.75 | +0.576% | $63K | $901K | 10x | as long as short |
| Lighter SKHY | −0.0072% | 1h | 186.76 | +0.046% | $955K | $1.1M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.0049% | 1h | 186.67 | −0.002% | $1.2M | $4.2M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0038% | 1h | 186.39 | −0.152% | $515K | $2.6M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.86 | +0.101% | $226K | $919K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.74 | +0.035% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.87 | +0.105% | $199.4M | $439.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.92 | +0.132% | $15.9M | $29.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.89 | +0.116% | $44.6M | $77.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.83 | +0.084% | $25.6M | $20.5M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.64 | −0.017% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.51 | −0.088% | $22K | $230K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.88 | +0.110% | $684 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.65 | −0.013% | $155K | $366K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.78 | +0.057% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.74 | +0.035% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.51 | −0.088% | $59K | $165K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.72 | +0.025% | — | $24K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.64 | −0.018% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0081% | 8h | 186.61 | −0.034% | $1.1M | $327K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.71 | +0.019% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.58 | −0.050% | $2.2M | $421K | 50x | as long as short |
| Phoenix SKHY | +0.0213% | 1h | 186.53 | −0.077% | $209K | $115K | 10x | as long as short |
Kraken Futures PF_SKHYUSD
Bitget SKHYUSDT
edgeX SKHYUSDC
tradeXYZ xyz:SKHY
Deribit SKHY_USDC-PERPETUAL
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
Lighter SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY